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Silver Stock Report "...Today, silver is $14/oz. What a bargain! Buying silver today, is like buying silver dollars in 1964 or for only 36 cents!"(2/21/07)

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Quote"What's really better is silver. In 1971, there was a whole lot of silver coinage that was no longer being used as coinage, because the silver content had risen past the metal value in the last year that they minted coins, in 1964.

Today, however, a lot of that silver has been melted down and consumed by industry, so silver is both more rare, and much cheaper now, relatively speaking, than it was back then, when more people knew silver had value.

In 1964, a dollar's worth of silver coins were made up of 72% of an ounce of silver, so when silver was worth more than $1.39/oz., they had to stop making silver coins. In 1964, M3 was $408 billion. Today's 11.5 trillion divided by 408 billion, times $1.39/oz, is $39/oz!

Therefore, if you can buy silver anywhere below $39/oz., that's about as fortunate as it gets, because that would be like being able to "go back in time" and hoard silver coins in 1964.

Today, silver is $14/oz. What a bargain! Buying silver today, is like buying silver dollars in 1964 or for only 36 cents!"(2/21/07)